Nevada Copper Corp.: North Deposit Mineralization Continues to Expand, Including New Shallow Mineralization
08 Mayo 2013 - 11:47AM
Marketwired
Nevada Copper Corp. (TSX:NCU) ("Nevada Copper") is pleased to
announce drill results from its 100% owned Pumpkin Hollow Property
located near Yerington, Nevada. Results from three (3) drill holes
of the current follow-up 2013 drill program are described below.
Further drill results are pending.
The current follow-up drill program has targeted the new
mineralization discovered at the end of last year's drilling
program which was not included in the resource update released in
September 2012. The results represent drilling along the southern
edge of the open-pittable North deposit and just outside the
current feasibility study open pit limits.
Two holes, NC13-03 and NC13-06, intersected multiple zones of
mineralization along the south edge of the North deposit. The
mineralized zones in NC13-03 totaled 263 feet (80.2 meters) and
average 0.53% copper. Mineralization remains open and seems to
trend south/southeast toward pre-collar hole NC13-09.
NC13-09 is located east of NC13-03 and NC13-04. This shallow
pre-collar hole intersected 55 feet (16.8 meters), 51.5 feet (15.7
meters) true thickness averaging 0.43% copper and bottomed in 25
feet (7.6 meters), 23.3 feet (7.1 meters) true thickness of shallow
mineralization averaging 0.46% copper. The hole has been has been
completed to depth and results are pending.
Gregory French, Vice President, Senior Project Manager,
commented, "The results from drill holes NC13-03 and NC13-06
continue to demonstrate the potential to further expand the
mineralization between the North and South deposit. The shallow
mineralization encountered in the pre-collar NC13-09 is very
encouraging. While also indicating the strength of the mineralizing
system, the shallow mineralization will have a positive effect on
future pits designs."
NORTH DEPOSIT - Assays greater than 0.15% Cu
---------------------------------------------------------------------------
---------------------------------------------------------------------------
True
Drill Hole # From To Length Length Length Copper Gold Silver Mo
---------------------------------------------------------------------------
(m) (m) (m) (ft) (m) % (g/t) (g/t) %
---------------------------------------------------------------------------
---------------------------------------------------------------------------
NC13-03 398.1 404.2 6.1 20.0 6.1 0.18 0.012 0.87 less
than
0.001
---------------------------------------------------------------------------
429.8 461.2 31.4 103.0 31.4 0.47 0.064 2.06 less
than
0.001
---------------------------------------------------------------------------
491.0 533.7 42.7 140.0 42.7 0.62 0.080 2.49 less
than
0.001
---------------------------------------------------------------------------
NC13-06 407.2 415.7 8.5 28.0 8.5 0.17 0.003 0.47 less
than
0.001
---------------------------------------------------------------------------
422.1 433.5 11.4 37.5 11.4 0.21 0.012 0.71 less
than
0.001
---------------------------------------------------------------------------
451.9 485.6 33.7 110.5 33.7 0.33 0.043 1.55 less
than
0.001
---------------------------------------------------------------------------
578.5 586.6 8.1 26.5 8.1 0.19 0.010 0.76 less
than
0.001
---------------------------------------------------------------------------
NC13-09 146.3 163.1 16.8 55.0 15.7 0.43 0.014 1.10 less
than
0.001
---------------------------------------------------------------------------
pre-collar 170.7 178.3 7.6+ 25.0+ 7.1 0.46 0.017 1.62 0.009
---------------------------------------------------------------------------
As previously reported, the updated measured and indicated
copper resource in the North and South Deposits (together the
"Western Deposits") increased by over 1.1 billion pounds to 5.4
billion pounds (see October 19, 2012 updated resource news release
for details).
A cross section and plan map with the respective drill locations
is available at
http://www.nevadacopper.com/i/pdf/2013-05-08_NRM.pdf.
Qualification Statement
The Pumpkin Hollow drilling program is under the supervision of
Gregory French, CPG #10708, and a Qualified Person as defined in
Canadian National Instrument 43-101, who is responsible for the
preparation of the technical information in this news release. All
assaying and whole rock geochemistry is processed at the American
Assay Laboratories (AAL) in Reno, Nevada. Samples are delivered
from the project core logging facility to AAL by Nevada Copper or
AAL personnel. A Quality Assurance and Quality Control Assay
Protocol have been implemented whereby blanks and standards are
inserted into the assay stream and check samples are sent to
Chemex-Reno and Inspectorate-Reno laboratories.
For additional information about Nevada Copper please visit our
website at www.nevadacopper.com.
NEVADA COPPER CORP.
Giulio T. Bonifacio, President & CEO
We seek safe harbour.
Contacts: Nevada Copper Corp. Eugene Toffolo VP, Investor
Relations & Communications 604-683-8266 or Toll free:
1-877-648-8266etoffolo@nevadacopper.com Nevada Copper Corp. Robert
McKnight, P.Eng., MBA Executive Vice President & CFO
604-683-1309bmcknight@nevadacopper.com www.nevadacopper.com
Nevada Copper (TSX:NCU)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Nevada Copper (TSX:NCU)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024
